Los Angeles Fourplex Just Listed

Los Angeles Four-Plex Just Listed

Attention investors! 5.81% CAP or 12.43 GRM with a projected 8.9% Market Cap or 8.81 GRM. This Los Angeles fourplex just listed is smoking hot! If you’re looking for a cash cow in the heart of Southeast Los Angeles, you’ve come to the right place! 

Los Angeles Fourplex Exterior View

This prime 4-unit building is rare, with four 2-bedroom, 1-bathroom apartments on a 4,800 SqFt lot with a great opportunity for Los Angeles Real Estate Cash Flow!

Huge Los Angeles Market Cap & Gross Rent Multiplier

Los Angeles Four Plex Exterior For Sale

The current owners took pride in ownership. Very clean and easy to understand. Two units were rented out under the Section 8 program.

Let’s talk about location, location, location! Your tenants are just steps away from landmarks and attractions like the Baldwin Hills Crenshaw Plaza shopping and dining, Watts Towers, Exposition Park, The Forum, Los Angeles Memorial Coliseum, and USC. 

Grilled Fraiche Restaurant Los Angeles
Exterior views of The Forum in Inglewood, CA at night.
Delicious at Dunbar Restaurant Los Angeles

Los Angeles Real Estate Cash Flow

Baldwin Hills Crenshaw Mall
Natural History Museum of Los Angeles
Los Angeles International Airport

Plus, they have a wide range of delicious cuisine, from mouth-watering Mexican to soul food and tasty Korean cuisine. Plenty of places to relax and unwind, with parks like Ted Watkins Memorial Park, The Natural History Museum Of Los Angeles, and Los Angeles International Airport just a stone’s throw away. 

Ariel View Of a Fourplex just listed

Southeast Los Angeles is a region of Los Angeles County containing 26 neighborhoods. The Gateway Cities Region, or Southeast Los Angeles County (also shortened to Southeast Los Angeles and Southeast LA) is an urbanized region located in southeastern Los Angeles County, California, between the City of Los Angeles proper, Orange County, and the Pacific Ocean. The cluster of cities has been termed “Gateway Cities” in that they serve as a “gateway” between the LA and Orange counties, with the city of Cerritos equidistant from Downtown L.A., Long Beach, and Santa Ana in Orange County. As such, the area is central to the Los Angeles-Long Beach-Anaheim, CA Metropolitan Statistical Area (MSA), and has a population of approximately 2,000,000 residents. With tons of off-street tenant parking and easy access to all the fun and excitement South Los Angeles offers, this one won’t last long! A huge Los Angeles Market Cap & Gross Rent Multiplier can be yours for $1,100,000!

Kelsea Smith Real Estate Agent with The Shelhamer Group

Kelsea Smith Real Estate Advisor


Glenn Shelhamer Entrepreneur and Broker of Record with The Shelhamer Group

Glenn Shelhamer Broker Of Record


Listed by Kelsea Smith & Glenn Shelhamer of The Award Winning Shelhamer Real Estate Group

Los Angeles Four-Plex Just Listed

Listing Details

4 Units | 3,140 SqFt | 4,803 Lot | $1,195,000 | 814 E 97th St Los Angeles CA 90002

David Clark Los Feliz Real Estate Advisor

David Clark - 805.280.1425​

I’m David Clark, a Californian, real estate advisor REALTOR®, and writer for the Shelhamer Real Estate Group located in Northeast Los Angeles California, the fastest growing real estate market in Los Angeles County. Connect with me for further information about this article, and to add and optimize the value in your property. Look for me on Instagram: @sellingnortheastla

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Mls Disclaimer:

Based on information from the / Association of REALTORS® (alternatively, from the /MLS) as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information


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Los Angeles, CA 90042-3403


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THE SHELHAMER GROUP   |    DRE: 01950995

Glenn Shelhamer is a licensed real estate broker DRE: 01950995 in the state of California and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. To reach The Shelhamer Real Estate Group’s office manage please call (310) 913-9477.

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